Robert Ellis says ..

Property Oracle says ..

The property is a three-bedroom terraced house located on Haydn Road in Sherwood, Nottingham. It is listed at £175,000 and has a floor area of 950 sqft. The property benefits from being close to several highly-rated schools, including Haydn Primary School (Outstanding Ofsted rating) and Nottingham Free School (Good Ofsted rating), both within a kilometre. Nottingham city centre is also within reasonable commuting distance, approximately 3.75km from Nottingham railway station.

The property appears to be in need of significant modernisation and renovation. The interior images show worn surfaces, outdated fixtures and fittings, and a general lack of maintenance. The garden is small and also requires attention.

While the list price of £175,000 is significantly below the average house price in the area (£321,814), this is likely due to the property’s condition. The average price per sqft in the area is £323, meaning that the property is priced below average per sqft. However, considering the extensive renovation required, the price may still be considered reasonable for a buyer willing to undertake a full refurbishment. Nearby comparable properties support this assessment, although the lack of sqft data for these properties makes direct comparison difficult.

Based on the provided information, the property would benefit from the following tags: NEEDS_RENOVATION.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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